Glass Board Market Size, Share Global Analysis Report, 2022 – 2028

Industry Insights

[214+ Pages Report]  According to the report published by Facts & Factors, the global glass board market size was worth USD 782.30 million in 2021 and is estimated to grow to USD 1,269.25 million by 2028, with a compound annual growth rate (CAGR) of approximately 8.40% over the forecast period. The report analyzes the glass board market's drivers, restraints/challenges, and their effect on the demands during the projection period. In addition, the report explores emerging opportunities in the glass board market.

Glass board Market: Overview

A dry-erase glass board has a modern interior and is stain-resistant, making it ideal for use in homes, businesses, and educational institutions. This type of board is available in various colors. It has several benefits, such as tremendous strength, simplicity in maintenance, and longevity. Glass boards can be used in several ways, last for a long time, and don't ghost. Whiteboards, the most innovative items in recent years, are currently being replaced with glass boards. Additionally, a variety of pressboards that have undergone dry-erase and static cling treatments are used to create glass boards. Furthermore, the glass board is tempered glass, which is more resistant to damage from dry erase, paint, grease, and permanent markers than conventional glass. This product seems to have a unique finish that offers a writing surface that is both smooth and stain-free.

COVID-19 Impact:

The quick shutdown of schools caused by the COVID-19 epidemic has severely disrupted the global education system. Over 45 Central Asia and Europe countries closed their schools during the pandemic, affecting 185 million pupils. The brief closure of educational facilities challenged the demand for glass boards. However, the abrupt transition in numerous countries from in-person to online instruction may benefit the demand for glass writing boards from teachers leading distance learning courses. The industry recovery is likely to be aided in the coming years by this growing demand and the increasing popularity of the online education market.

Key Insights

• As per the analysis shared by our research analyst, the global glass board market value is expected to grow at a CAGR of 8.40% over the forecast period.
• In terms of revenue, the global glass board market size was worth USD 782.30 million in 2021 and is estimated to grow to USD 1,269.25 million by 2028.
• The use of e-learning technologies in the education sector and quick technological advancements are the two main trends driving the global glass board market growth.
• By type, the clear glass board category dominated the market in 2021.
• By end user, the education segment dominated the market in 2021.
• North America dominated the global glass board market in 2021.

Glass board Market: Growth Drivers

• Significant growth in government funding is driving the market expansion.

Throughout the projected period, it would appear that the significant growth in government financing to employ the product for various applications will support the global glass board market surge. Throughout the projection period, the adoption of e-learning and gamification initiatives is anticipated to increase across the corporate and educational sectors. The widespread adoption of new e-learning tools by educational institutions has made it easier for students to interact. Additionally, the product's positive attributes, including its style, cleanliness, and durability, are predicted to further fuel the market's growth during the anticipated timeframe.

Glass board Market: Restraints

• High costs of glass boards are the major restraint in the market.

In the upcoming years, the continuous industry progress may be hampered by the high price of glass boards and the affordable availability of interactive smart boards such as flat panels. Additionally, the expansion of the glass board market may be constrained by the tight execution of rules by governmental agencies mandating the glass board market. Further, the growing popularity of alternatives such as flat panels and tablets may restrain corporate growth during the foreseeable period. High product costs and a lack of end-user product knowledge will also restrain business growth over the anticipated timeframe.

Glass board Market: Segmentation

The glass board market has been segmented into type, size, end-user, and region.

Based on type, the clear glass boards, tailored glass wipe boards, frosted glass writing boards, magnetic glass marker boards, and colored glass wipe boards are segments of the global glass board market. The enormous demand for clear glass boards in the healthcare and retail industries has contributed to the segment's rise throughout the anticipated timeframe. These items are also fashionable and serve a variety of functions.

The market is classified as small, medium, and large based on size. In 2021, the medium category dominated the global market. Thus, the requirement for glass boards in medium businesses is high compared to small and large businesses, which supports the growth of the medium enterprise segment and is expected to grow with a substantial CAGR during the forecast period.

Based on end-user, the global glass board market is segmented into education, government, hospitals/medical, corporate, and retail by the end user segment analysis. Among these, the education category dominated the global market in 2021. Large-scale government support of educational activities is responsible for the segmental spike over the anticipated timescale. Additionally, the increased student collaboration made possible by the education sector's expanding acceptance of new technologies will contribute to the segment's growth over the projection period.

Recent Developments

• July 2021: Arden Studio debuted as a brand-new, design-focused producer of glass writing boards and other goods for ACCO Brands. The launch of the new brand is intended to make shared spaces and workplaces more stylish and secure.

Report Scope

Glass board Market: Regional Landscape

• North America expected to dominate the glass board market

North America will profitably increase the global glass board market's value over the expected period. The major presence of key businesses from countries like the US is necessary for the regional market to grow. In addition, a high level of adoption of the new glass board market and attractive remuneration rules will influence regional market developments. The market for glass boards in North America is expected to develop rapidly in the years to come due to regional governments adopting strong prohibitions against drug usage.

Glass board Market: Competitive Landscape

• Krystal Glass Writing Boards Inc. 
• Casca Glass Boards 
• CHAT BOARD A/S 
• Claridge 
• Clarus 
• Egan Visual 
• Esquire 
• Fulbright Glass Boards 
• Glass Whiteboard 
• GMi Companies Inc. 
• Legamaster International B.V. 
• M3 Glass Technologies 
• MooreCo 
• NAGA Denmark 
• NOBO EUROPE 
• PRINCE BOARD 
• SEVASA 
• QUARTET 
• Spectrus 
• The Canada Whiteboard Co. 
• The Glass Wipe Board Company.

Global Glass Board Market is segmented as follows:

By Type Segment Analysis

• Clear Glass Boards
• Tailored Glass Wipe Boards
• Frosted Glass Writing Boards
• Magnetic Glass Marker Boards
• Colored Glass Wipe Boards

By Size Segment Analysis

• Small
• Medium
• Large

By End-User Segment Analysis

• Education
• Government
• Hospitals/Medical
• Corporate
• Retail

By Regional Segment Analysis

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic Countries
    • Denmark
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America